Updated over 4 years ago on . Most recent reply
GC Demanding 50% Payment Upfront
Am rehabbing a duplex that I purchased out of state. This is my second deal and am still a newbie REI. I found a General Contractor on Craigslist who wants 50% payment upfront before he would start the work. I did estimates from two more contractors but this guy is the one with the lowest estimate. He told me I could pay via PayPal, Cashapp or credit card. Am a little bit uncomfortable about this and like to know if is normal for contractors to do that.
Most Popular Reply
I will probably pay via PayPal so that I can initiate a chargeback with my bank.